The One57 apartment tower in Manhattan. (PRNewsFoto/Extell Development Company)

(Newser)
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The decimal points alone could buy a posh residence: An unknown buyer has paid $100.47 million for a Manhattan condo overlooking Central Park. The 11,000-square-foot penthouse is in the luxe One57 apartment tower, reports the Real Deal. It's not only the highest price ever paid for a Manhattan condo, it's the first single-family home in New York City to sell for more than $100 million, reports the Daily News. The sale breaks the previous city mark of $88 million set a few years ago by a Russian mogul.

In the state of New York, it is reported that "the top 1 percent of income earners have captured all of the income gains since the Great Recession officially ended in June 2009, while everyone else saw either no gains or declining income during that time" http://www.cbsnews.com/news/16-us-states-where-the-middle-class-is-shrinking/ "So the verdict is clear. Middle-class economics works." Obama, SOTU, 1/20/15 Hmm.

Smellthecoffee

Jan 18, 2015 10:57 AM CST

Working Class people are being pushed out of NYC everyday (this includes: Brooklyn, Queens, The Bronx and Staten Island) because of this nonsense. Wait until the Crime rate shoots up like it did in the 1970's, the rich will head for the hills.